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IFRS Interpretations Committee meeting – 2-3 September 2010

Start date:

End date:

Location: London

About meeting notes

IFRIC (International Financial Reporting Interpretations Committee) (blue) The IFRS Interpretations Committee met at the IASB's offices in London on Thursday and Friday, 2-3 September 2010.

Agenda for the meeting

Thursday 2 September 2010 (10:00-18:00)

Introduction / Administrative session

Active Committee projects

  • IFRS 2 Share-based Payment – Vesting and non-vesting conditions
  • IFRS 2 Share-based Payment – Accounting for share-based payment awards upon an entity’s termination of an employee
  • IAS 27 Consolidated and Separate Financial Statements – Put options written over non-controlling interests

Review of Tentative Agenda Decisions published in July IFRIC Update

  • IFRS 1 First-time Adoption of International Financial Reporting Standards – Repeat application
  • IAS 12 Income Taxes – Recognising deferred tax assets for unrealised losses on AFS debt securities
  • IAS 21 The Effects of Changes in Foreign Exchange Rates – Repayment of investment/CTA

New items for initial consideration

  • IAS 1 Presentation of Financial Statements – Encouraged v required disclosures (continued on Friday morning as needed)
  • IAS 1 Presentation of Financial Statements – Comparatives in financial statements
  • IAS 36 Impairment of Assets – Accounting for impairment testing of goodwill when non-controlling interests are recognised

Friday 3 September 2010 (09:00-11:45)

New items for initial consideration (continued)

  • IAS 24 Related Party Disclosures – Key management personnel
  • IAS 36 Impairment of Assets – Calculation of value in use
  • IAS 19 Employee Benefits – Accounting for statutory employee profit sharing arrangements
  • IFRS 2 Share- based Payment – Share-based payment awards settled net of tax withholdings
  • IAS 1 Presentation of Financial Statements – Current/non-current classification of callable term loan

Administrative session – Interpretations Committee work in progress

The agenda papers for this meeting are available on the IASB's website.

Correction list for hyphenation

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